The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Welcome to 40 Nightstar Drive, a stunning detached home situated in Richmond Hill's elite Observatory neighborhood. Fully renovated and updated in 2017 with a brand new interior layout and advanced mechanical systems, this home delivers pristine modern longevity situated on a premium, private, tree-lined ravine pie-shaped lot. It offers a cozy, custom rear deck tailored for exquisite outdoor entertaining with captivating, uninterrupted forest views creating an authentic, tranquil cottage vibe. The 4+1 Bedroom and 3+1 Bathroom luxury property has sun-drenched principal rooms with an airy, open-concept flow. It uniquely also has dual-living capability equipped with 2 fully independent kitchens and 2 separate full laundry rooms (Second and Lower level). The completely finished basement with a dedicated separate entrance can be utilized as a private in-law suite, multi-family unit, or a premium nanny retreat.Nestled directly adjacent to the iconic David Dunlap Observatory Park, which is proudly designated as a National Historic Site. This legal heritage designation acts as a permanent shield for local homeowners, strictly protecting the neighborhood enclave against high-density high-rise developers. This preserves the area's signature quiet charm, low-traffic safety, and long-term asset appreciation. Unbeatable commuter convenience just steps to Yonge Street transit links and the GO Station. Families will love the short walking distance to elite local parks, winding nature trails, major shopping plazas, Hillcrest Mall, and top-tier designated school zones including Sixteenth Avenue PS and Alexander MacKenzie HS. Minutes to Highways 404/DVP and 407. An absolute must-see property, appropriately priced to sell that stands in a league of its own!
Property Details
Listing
MLS® number
N13761230
Status
For Sale
Listed
Sep 9, 2026
Last updated
Sep 24, 2026
Possession
Flexible
Building
Type
Detached
Style
2-Storey
Approx. age
6-15
Approx. size
2,000–2,500 ft²
Basement
Separate Entrance, Walk-Up, Finished
Lot
Frontage
45.00 ft
Depth
100.16 ft
Lot area
≈ 4,507 ft² (calculated)
View
East
Community
Observatory
Parking & utilities
Garage
Attached, Garage, 2 spaces
Driveway
Available, Front Yard Parking, 2 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$6,773 / 2026
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
GALAXY STARS REALTY INC.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 4
Bedrooms below grade: 1
Kitchens: 1 above grade · 1 below grade
Basement: Separate Entrance, Walk-Up, Finished
Heating: Forced Air
Cooling: Central Air
Fireplace: Yes
Fireplaces: 2
Exterior
Pool features: None
Property features: Greenbelt/Conservation, Park, Public Transit, Ravine, Rec./Commun.Centre, School
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,531/mo
Mortgage (principal + interest)$5,967
Property taxFrom listing: $6,773/yr$564
Minimum 20% ($319,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$319,000
Ontario land transfer taxProvincial brackets, no first-time refund$28,375
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$350,175
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
